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Compare Panama (2008) - Liechtenstein (2005)

Compare Panama (2008) z Liechtenstein (2005)

 Panama (2008)Liechtenstein (2005)
 PanamaLiechtenstein
Administrative divisions 9 provinces (provincias, singular - provincia) and 1 territory* (comarca); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas*(Kuna Yala), and Veraguas 11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz
Age structure 0-14 years: 30% (male 496,195/female 476,508)


15-64 years: 63.6% (male 1,044,139/female 1,016,805)


65 years and over: 6.4% (male 97,365/female 111,161) (2007 est.)
0-14 years: 17.6% (male 2,938/female 3,009)


15-64 years: 70.4% (male 11,795/female 11,927)


65 years and over: 12% (male 1,685/female 2,363) (2005 est.)
Agriculture - products bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp wheat, barley, corn, potatoes; livestock, dairy products
Airports 116 (2007) none (2004 est.)
Airports - with paved runways total: 54


over 3,047 m: 1


2,438 to 3,047 m: 1


1,524 to 2,437 m: 5


914 to 1,523 m: 18


under 914 m: 29 (2007)
-
Airports - with unpaved runways total: 62


1,524 to 2,437 m: 1


914 to 1,523 m: 11


under 914 m: 50 (2007)
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Area total: 78,200 sq km


land: 75,990 sq km


water: 2,210 sq km
total: 160 sq km


land: 160 sq km


water: 0 sq km
Area - comparative slightly smaller than South Carolina about 0.9 times the size of Washington, DC
Background Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Venezuela, and Ecuador - named the Republic of Gran Colombia. When the latter dissolved in 1830, Panama remained part of Colombia. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were transferred to Panama by the end of 1999. In October 2006, Panamanians approved an ambitious plan to expand the Canal. The project, which is to begin in 2007 and could double the Canal's capacity, is expected to be completed in 2014-15. The Principality of Liechtenstein was established within the Holy Roman Empire in 1719; it became a sovereign state in 1806. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to enter into a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral), the country's low taxes have spurred outstanding economic growth. Shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering. Liechtenstein has, however, implemented new anti-money-laundering legislation and recently concluded a Mutual Legal Assistance Treaty with the US.
Birth rate 21.45 births/1,000 population (2007 est.) 10.41 births/1,000 population (2005 est.)
Budget revenues: $5.206 billion


expenditures: $5.089 billion (2007 est.)
revenues: $424.2 million


expenditures: $414.1 million, including capital expenditures of NA (1998 est.)
Capital name: Panama


geographic coordinates: 8 58 N, 79 32 W


time difference: UTC-5 (same time as Washington, DC during Standard Time)
Vaduz
Climate tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers
Coastline 2,490 km 0 km (doubly landlocked)
Constitution 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 5 October 1921
Country name conventional long form: Republic of Panama


conventional short form: Panama


local long form: Republica de Panama


local short form: Panama
conventional long form: Principality of Liechtenstein


conventional short form: Liechtenstein


local long form: Fuerstentum Liechtenstein


local short form: Liechtenstein
Death rate 5.44 deaths/1,000 population (2007 est.) 7.06 deaths/1,000 population (2005 est.)
Debt - external $10.56 billion (31 December 2007 est.) $0 (2001)
Diplomatic representation from the US chief of mission: Ambassador William A. EATON


embassy: Edificio 783, Avenida Demetrio Basilio Lakas Panama, Apartado Postal 0816-02561, Zona 5, Panama City 5


mailing address: American Embassy Panama, Unit 0945, APO AA 34002


telephone: [507] 207-7000


FAX: [507] 227-1964
the US does not have an embassy in Liechtenstein, but the US Ambassador to Switzerland is also accredited to Liechtenstein
Diplomatic representation in the US chief of mission: Ambassador Federico HUMBERT Arias


chancery: 2862 McGill Terrace NW, Washington, DC 20008


telephone: [1] (202) 483-1407


FAX: [1] (202) 483-8416


consulate(s) general: Atlanta, Houston, Miami, New Orleans, New York, Philadelphia, San Francisco, San Juan (Puerto Rico), Tampa
chief of mission: Ambassador Claudia FRITSCHE


chancery: 1300 Eye Street NW, Suite 550W, Washington, DC 20005


telephone: [1] (202) 216-0460


FAX: [1] (202) 216-0459
Disputes - international organized illegal narcotics operations in Colombia operate within the remote border region with Panama in February 2005, the ICJ refused to rule on the restitution of Liechtenstein's land and property assets in the Czech Republic confiscated in 1945 as German property
Economic aid - recipient $19.54 million (2005) none
Economy - overview Panama's dollarized economy rests primarily on a well-developed services sector that accounts for three-fourths of GDP. Services include operating the Panama Canal, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism. Economic growth will be bolstered by the Panama Canal expansion project that began in 2007 and should be completed by 2014 at a cost of $5.3 billion (about 30% of current GDP). The expansion project will more than double the Canal's capacity, enabling it to accommodate ships that are now too large to transverse the transoceanic crossway and should help to reduce the high unemployment rate. The government has implemented tax reforms, as well as social security reforms, and backs regional trade agreements and development of tourism. Not a CAFTA signatory, Panama in December 2006 independently negotiated a free trade agreement with the US, which, when implemented, will help promote the country's economic growth. Despite its small size and limited natural resources, Liechtenstein has developed into a prosperous, highly industrialized, free-enterprise economy with a vital financial service sector and living standards on a par with its large European neighbors. The Liechtenstein economy is widely diversified with a large number of small businesses. Low business taxes - the maximum tax rate is 20% - and easy incorporation rules have induced many holding or so-called letter box companies to establish nominal offices in Liechtenstein, providing 30% of state revenues. The country participates in a customs union with Switzerland and uses the Swiss franc as its national currency. It imports more than 90% of its energy requirements. Liechtenstein has been a member of the European Economic Area (an organization serving as a bridge between the European Free Trade Association (EFTA) and the EU) since May 1995. The government is working to harmonize its economic policies with those of an integrated Europe.
Electricity - consumption 4.735 billion kWh (2005) -
Electricity - exports 51 million kWh (2005) -
Electricity - imports 55 million kWh (2005) -
Electricity - production 5.661 billion kWh (2005) -
Elevation extremes lowest point: Pacific Ocean 0 m


highest point: Volcan Baru 3,475 m
lowest point: Ruggeller Riet 430 m


highest point: Grauspitz 2,599 m
Environment - current issues water pollution from agricultural runoff threatens fishery resources; deforestation of tropical rain forest; land degradation and soil erosion threatens siltation of Panama Canal; air pollution in urban areas; mining threatens natural resources NA
Environment - international agreements party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: Marine Life Conservation
party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Ozone Layer Protection, Wetlands


signed, but not ratified: Law of the Sea
Ethnic groups mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% Alemannic 86%, Italian, Turkish, and other 14%
Exchange rates balboas per US dollar - 1 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003) Swiss francs per US dollar - 1.2435 (2004), 1.3467 (2003), 1.5586 (2002), 1.6876 (2001), 1.6888 (2000)
Executive branch chief of state: President Martin TORRIJOS Espino (since 1 September 2004); First Vice President Samuel LEWIS Navarro (since 1 September 2004); Second Vice President Ruben AROSEMENA Valdes (since 1 September 2004); note - the president is both the chief of state and head of government


head of government: President Martin TORRIJOS Espino (since 1 September 2004); First Vice President Samuel LEWIS Navarro (since 1 September 2004); Second Vice President Ruben AROSEMENA Valdes (since 1 September 2004)


cabinet: Cabinet appointed by the president


elections: president and vice presidents elected on the same ticket by popular vote for five-year terms (eligible for two more terms); election last held 2 May 2004 (next to be held on 3 May 2009); note - beginning in 2009, Panama will have only one vice president.


election results: Martin TORRIJOS Espino elected president; percent of vote - Martin TORRIJOS Espino 47.5%, Guillermo ENDARA Galimany 30.6%, Jose Miguel ALEMAN 17%, Ricardo MARTINELLI 4.9%


note: government coalition - PRD (Democratic Revolutionary Party), PP (Popular Party)
chief of state: Prince HANS ADAM II (since 13 November 1989, assumed executive powers 26 August 1984); Heir Apparent Prince ALOIS, son of the monarch (born 11 June 1968); note - on 15 August 2004, HANS ADAM transferred the official duties of the ruling prince to ALOIS, but HANS ADAM retains status of chief of state


head of government: Head of Government Ottmar HASLER (since 5 April 2001) and Deputy Head of Government Rita KIEBER-BECK (since 5 April 2001)


cabinet: Cabinet elected by the parliament, confirmed by the monarch


elections: none; the monarch is hereditary; following legislative elections, the leader of the majority party in the Landtag is usually appointed the head of government by the monarch and the leader of the largest minority party in the Landtag is usually appointed the deputy head of government by the monarch
Exports 4,140 bbl/day (2004) $2.47 billion (1996)
Exports - commodities bananas, shrimp, sugar, coffee, clothing small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products
Exports - partners US 39.8%, Spain 8.1%, Netherlands 6.7%, Sweden 5.6%, Costa Rica 4.5% (2006) EU 62.6% (Germany 24.3%, Austria 9.5%, France 8.9%, Italy 6.6%, UK 4.6%), US 18.9%, Switzerland 15.7%
Fiscal year calendar year calendar year
Flag description divided into four, equal rectangles; the top quadrants are white (hoist side) with a blue five-pointed star in the center and plain red; the bottom quadrants are plain blue (hoist side) and white with a red five-pointed star in the center two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band
GDP - composition by sector agriculture: 6.8%


industry: 16.2%


services: 77% (2007 est.)
agriculture: NA%


industry: 40%


services: NA% (1999)
GDP - per capita - purchasing power parity - $25,000 (1999 est.)
GDP - real growth rate 7.8% (2007 est.) 11% (1999 est.)
Geographic coordinates 9 00 N, 80 00 W 47 16 N, 9 32 E
Geography - note strategic location on eastern end of isthmus forming land bridge connecting North and South America; controls Panama Canal that links North Atlantic Ocean via Caribbean Sea with North Pacific Ocean along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation
Heliports 2 (2007) -
Highways - total: 250 km


paved: 250 km


unpaved: 0 km
Household income or consumption by percentage share lowest 10%: 0.7%


highest 10%: 43% (2003)
lowest 10%: NA%


highest 10%: NA%
Illicit drugs major cocaine transshipment point and primary money-laundering center for narcotics revenue; money-laundering activity is especially heavy in the Colon Free Zone; offshore financial center; negligible signs of coca cultivation; monitoring of financial transactions is improving; official corruption remains a major problem has strengthened money-laundering controls, but money laundering remains a concern due to Liechtenstein sophisticated offshore financial services sector
Imports 92,170 bbl/day (2004) $917.3 million (1996)
Imports - commodities capital goods, foodstuffs, consumer goods, chemicals agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles
Imports - partners US 27%, Netherlands Antilles 10.1%, Costa Rica 5.1%, Japan 4.7% (2006) EU, Switzerland
Independence 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) 23 January 1719 (Principality of Liechtenstein established); 12 July 1806 (independence from the Holy Roman Empire)
Industrial production growth rate 7.8% (2007 est.) NA%
Industries construction, brewing, cement and other construction materials, sugar milling electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments
Infant mortality rate total: 15.96 deaths/1,000 live births


male: 17.33 deaths/1,000 live births


female: 14.54 deaths/1,000 live births (2007 est.)
total: 4.7 deaths/1,000 live births


male: 6.34 deaths/1,000 live births


female: 3.05 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 5.1% (2007 est.) 1% (2001)
International organization participation BCIE, CAN (observer), CSN (observer), FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UN Security Council (temporary), UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WIPO, WTO
Irrigated land 430 sq km (2003) NA sq km
Judicial branch Supreme Court of Justice or Corte Suprema de Justicia (nine judges appointed for 10-year terms); five superior courts; three courts of appeal Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht
Labor force 1.471 million


note: shortage of skilled labor, but an oversupply of unskilled labor (2007 est.)
29,000 of whom 19,000 are foreigners; 13,000 commute from Austria, Switzerland, and Germany to work each day (31 December 2001)
Labor force - by occupation agriculture: 15%


industry: 18%


services: 67% (2006 est.)
agriculture 1.3%, industry 47.4%, services 51.3% (31 December 2001 est.)
Land boundaries total: 555 km


border countries: Colombia 225 km, Costa Rica 330 km
total: 76 km


border countries: Austria 34.9 km, Switzerland 41.1 km
Land use arable land: 7.26%


permanent crops: 1.95%


other: 90.79% (2005)
arable land: 25%


permanent crops: 0%


other: 75% (2001)
Languages Spanish (official), English 14%; note - many Panamanians bilingual German (official), Alemannic dialect
Legal system based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction with reservations local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations
Legislative branch unicameral National Assembly or Asamblea Nacional (78 seats; members are elected by popular vote to serve five-year terms); note - in 2009, the number of seats will change to 71


elections: last held 2 May 2004 (next to be held 3 May 2009)


election results: percent of vote by party - NA; seats by party - PRD 41, PA 17, PS 9, MOLIRENA 4, CD 3, PLN 3, PP 1


note: legislators from outlying rural districts are chosen on a plurality basis while districts located in more populous towns and cities elect multiple legislators by means of a proportion-based formula
unicameral Parliament or Landtag (25 seats; members are elected by direct, popular vote under proportional representation to serve four-year terms)


elections: last held 11 and 13 March 2005 (next to be held by NA 2009)


election results: percent of vote by party - FBP 48.7%, VU 38.2%, FL 13%; seats by party - FBP 12, VU 10, FL 3
Life expectancy at birth total population: 75.19 years


male: 72.69 years


female: 77.8 years (2007 est.)
total population: 79.55 years


male: 75.96 years


female: 83.16 years (2005 est.)
Literacy definition: age 15 and over can read and write


total population: 91.9%


male: 92.5%


female: 91.2% (2000 census)
definition: age 10 and over can read and write


total population: 100%


male: 100%


female: 100%
Location Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica Central Europe, between Austria and Switzerland
Map references Central America and the Caribbean Europe
Maritime claims territorial sea: 12 nm


contiguous zone: 24 nm


exclusive economic zone: 200 nm or edge of continental margin
none (landlocked)
Merchant marine total: 5,764 ships (1000 GRT or over) 159,649,801 GRT/240,190,316 DWT


by type: barge carrier 2, bulk carrier 1,940, cargo 1,034, carrier 3, chemical tanker 507, combination ore/oil 6, container 710, liquefied gas 191, livestock carrier 7, passenger 46, passenger/cargo 72, petroleum tanker 522, refrigerated cargo 288, roll on/roll off 129, specialized tanker 22, vehicle carrier 285


foreign-owned: 4,949 (Albania 1, Argentina 8, Australia 4, Bahamas 2, Bangladesh 1, Belgium 11, Bulgaria 1, Canada 17, Chile 8, China 473, Colombia 4, Croatia 6, Cuba 11, Cyprus 15, Denmark 32, Dominican Republic 1, Ecuador 2, Egypt 13, Estonia 3, France 15, Gabon 1, Germany 38, Greece 505, Hong Kong 137, India 25, Indonesia 37, Iran 4, Ireland 1, Israel 2, Italy 10, Jamaica 1, Japan 2,151, Jordan 11, South Korea 316, Kuwait 1, Latvia 5, Lebanon 3, Lithuania 5, Malaysia 14, Maldives 1, Malta 2, Mexico 4, Monaco 11, Netherlands 14, Nigeria 6, Norway 60, Oman 1, Pakistan 5, Peru 15, Philippines 12, Poland 15, Portugal 9, Qatar 1, Romania 8, Russia 9, Saudi Arabia 14, Singapore 83, Spain 61, Sri Lanka 3, Sweden 9, Switzerland 26, Syria 24, Taiwan 306, Thailand 10, Turkey 53, Turks and Caicos Islands 1, Ukraine 8, UAE 108, UK 35, US 115, Venezuela 10, Vietnam 10, Yemen 5)


registered in other countries: 1 (Venezuela 1) (2007)
-
Military - note on 10 February 1990, the government of then President ENDARA abolished Panama's military and reformed the security apparatus by creating the Panamanian Public Forces; in October 1994, Panama's Legislative Assembly approved a constitutional amendment prohibiting the creation of a standing military force, but allowing the temporary establishment of special police units to counter acts of "external aggression" defense is the responsibility of Switzerland
Military branches an amendment to the Constitution abolished the armed forces, but there are security forces (Panamanian Public Forces or PPF includes the Panamanian National Police, National Maritime Service, and National Air Service) -
Military expenditures - percent of GDP 1% (2006) -
National holiday Independence Day, 3 November (1903) Assumption Day, 15 August
Nationality noun: Panamanian(s)


adjective: Panamanian
noun: Liechtensteiner(s)


adjective: Liechtenstein
Natural hazards occasional severe storms and forest fires in the Darien area NA
Natural resources copper, mahogany forests, shrimp, hydropower hydroelectric potential, arable land
Net migration rate -0.37 migrant(s)/1,000 population (2007 est.) 4.8 migrant(s)/1,000 population (2005 est.)
Pipelines - gas 20 km (2004)
Political parties and leaders Democratic Change or CD [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Hugo GUIRAUD]; Nationalist Republican Liberal Movement or MOLIRENA [Gisela CHUNG]; Panamenista Party or PA [Juan Carlos VARELA] (formerly the Arnulfista Party); Patriotic Union Party or PU (combination of the Liberal National Party or PLN and the Solidarity Party or PS)[Jose Raul MULINO and Anibal GALINDO]; Popular Party or PP [Rene ORILLAC] (formerly Christian Democratic Party or PDC) Patriotic Union (was Fatherland Union) or VU [Heinz FROMMELT]; Progressive Citizens' Party or FBP [Johannes MATT]; The Free List or FL [Dr. Pepo FRICK, Elisabeth TELLENBACH-FRICK, Adolf RITTER]
Political pressure groups and leaders Chamber of Commerce; National Civic Crusade; National Council of Organized Workers or CONATO; National Council of Private Enterprise or CONEP; National Union of Construction and Similar Workers (SUNTRACS); Panamanian Association of Business Executives or APEDE; Panamanian Industrialists Society or SIP; Workers Confederation of the Republic of Panama or CTRP NA
Population 3,242,173 (July 2007 est.) 33,717 (July 2005 est.)
Population below poverty line 37% (1999 est.) NA%
Population growth rate 1.564% (2007 est.) 0.82% (2005 est.)
Ports and harbors - none
Radio broadcast stations AM 101, FM 134, shortwave 0 (1998) AM 0, FM 4, shortwave 0 (1998)
Railways total: 355 km


standard gauge: 77 km 1.435-m gauge


narrow gauge: 278 km 0.914-m gauge (2006)
-
Religions Roman Catholic 85%, Protestant 15% Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002)
Sex ratio at birth: 1.05 male(s)/female


under 15 years: 1.041 male(s)/female


15-64 years: 1.027 male(s)/female


65 years and over: 0.876 male(s)/female


total population: 1.021 male(s)/female (2007 est.)
at birth: 1.01 male(s)/female


under 15 years: 0.98 male(s)/female


15-64 years: 0.99 male(s)/female


65 years and over: 0.71 male(s)/female


total population: 0.95 male(s)/female (2005 est.)
Suffrage 18 years of age; universal and compulsory 18 years of age; universal
Telephone system general assessment: domestic and international facilities well developed


domestic: combined fixed-line and mobile-cellular telephone density is approaching 70 telephones per 100 persons


international: country code - 507; landing point for the Americas Region Caribbean Ring System (ARCOS-1), the MAYA-1, and PAN-AM submarine cable systems that together provide links to the US, and parts of the Caribbean, Central America, and South America; satellite earth stations - 2 Intelsat (Atlantic Ocean); connected to the Central American Microwave System
general assessment: automatic telephone system


domestic: NA


international: country code - 423; linked to Swiss networks by cable and microwave radio relay
Telephones - main lines in use 432,900 (2006) 19,900 (2002)
Telephones - mobile cellular 1.694 million (2005) 11,400 (2002)
Television broadcast stations 38 (including repeaters) (1998) NA (linked to Swiss networks) (1997)
Terrain interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills mostly mountainous (Alps) with Rhine Valley in western third
Total fertility rate 2.66 children born/woman (2007 est.) 1.51 children born/woman (2005 est.)
Unemployment rate 7.2% (2007 est.) 1.3% (September 2002)
Waterways 800 km (includes 82 km Panama Canal) (2007) 28 km (2004)
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